Middlesex Water Q1 FY26 net income rises to $10.6 million; EPS climbs to $0.57

• Middlesex Water posted first-quarter 2026 net income of $10.6 million, up 11.58%, with diluted EPS rising to $0.57.
• Revenue climbed 9.93% to $48.7 million, due to higher wholesale demand, customer consumption, and base rate increases.
• Operating expenses increased 8.87% to $35.6 million on higher variable production costs and labor, partly offset by higher capitalizable costs.
• Capital spending totaled $21 million for water and wastewater infrastructure upgrades, about 17% of planned 2026 investment of $126 million.
• Board declared a $0.36 per-share cash dividend payable June 1 to shareholders of record May 15.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Middlesex Water Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-028862), on April 30, 2026, and is solely responsible for the information contained therein.